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Research Report on Chinese Tire Industry, 2011-2012

It took three months for China Research and Intelligence to complete this report. When China Research and Intelligence wrote Research Report on Chinese Tire Industry (2008 version), the international financial crisis had exerted no obvious impact on Chinese tire industry yet, and the industry was at a low ebb when Research Report on Chinese Tire Industry (2009 version) was written. Fortunately, in 2010, driven by domestic demand, Chinese tire industry began to recover gradually. In 2009, Chinese tire export amount dropped by 4.70% YOY, while in 2010 Chinese tire import amount rose by 35.20% YOY, reaching USD 10.39 billion. market research reports    

In 2010, tire output of Chinese rubber tires reached 776.34 million, rising by 19.82% over 2009. In 2010, Chinese bias tire output basically leveled off over 2009, and radial rate of automobile tires further rose.

Though China has become the world’s largest new automobile market since 2009, the number of automobile ownership per capita in China is still small. In 2010, automobile reserves per 1,000 people in China were less than 70, far lagging behind the level of 600-800 automobiles per 1,000 people in developed countries. 

International tire giants have begun to enter China in succession since the 1990s. Attracted by Chinese cheap production cost, multinational tire enterprises mostly regard China as one of their production bases around the world.

In China, international tire giants possess huge advantages, while most domestic enterprises have small scale and weak strength. According to incomplete statistics of China research and Intelligence, by the end of 2010, there had been over 400 Chinese tire manufacturers.

For more information kindly visit : Research Report on Chinese Tire Industry, 2011-2012  

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